150 Room Luxury Island Resort with Domestic Airport & Additional Island for Development in the Maldives

For sale is a newly completed 150 room luxury island resort with its own domestic airport in the Raa Atoll in the Maldives. Located approximately 150 kilometres away from the capital Male at a 50-55 minute sea plane ride, 40-45 minute domestic flight or a 3 1/2 hour speed boat ride.

The island also has an additional undeveloped land area of 17 hectares (170,000 m²) which is available if a new owner wishes to develop an additional 36 villas on land. Permission for the development of overwater bungalows can also be granted as well.

In addition, the primary island comes with a second nearby virgin island of approximately 11.7 hectares and at a distance of 110 kilometres from Male. The island has permission to build 90 villas and has a ready island design concept which is also available with the purchase of both islands.

*If interested in purchasing this blackbook listed Maldives island resort, please request the full island fact sheet & investment package. Expressions of interest can be provided via LOI & POF following the signing of an NDA.

LEASE DETAILS

• 50 Year Lease Period
• Lease Commencement Date: February 2011
• Lease End Date: May 2061
• Total Land Area: 56 Hectares
• Total Resort Constructed Land Area: 7.5 Hectares
• Priority 50 Year Lease Renewal for $100,000 USD per year

HOTEL INFRASTRUCTURE & ACCOMMODATIONS

• Rooms/Keys — 150 (300 beds total)
• Twin Villas — 6
• Duplex Villas — 100
• Beach Villas — 35
• Beach Pool Villas with Pool — 9
• Main Restaurants with Kitchen ✓ Bar ✓ Buffet Area ✓ Disco ✓ Rest Rooms
• Specialty Restaurant with Kitchen
• Main Pool
• Reception & Boutique ✓ Rest Rooms ✓ Arrival Pavilion ✓ Buggy Station
• SPA & Treatment Rooms
• Tennis Court
• Badminton Court
• Recreation Centre
• Clinic
• Gymnasium
• Kids Club
• Dive Centre
• Water Sports Centre

COMMON AREAS & RECREATIONAL FACILITIES

• Primary Resort Restaurant (All Day Dining for 215 guest max.)
• Primary Bar Area (72 guests max.)
• Grill Restaurant (54 guests max.)
• Outdoor Bar & Pool Area (124 guests max.)
• Specialty Restaurant & Asian Cuisine
• Dining Area with wine tasting (68 guests max.)
• Sunset Bar (44 guest max.)
• Spa ✓ Main building with Lobby, boutique, Salon, Steam and Sauna × 2 each for Male and female separate ✓ Treatment rooms × 8 nos
• Clinic with doctors accommodation
• Gymnasium with equipment, Recreation with equipment
• Kids club
• Dive center
• Water sports center
• Guest Reception Office o Services Infrastructure
• Power House & Desalination Building
• Fuel Tanks
• Water Tanks

*All common areas, recreational facilties and kitchens are fully furnished and equipped

AIRPORT & HARBOUR

• Total area of 31.8 hectares (airport)
• Operating since 2015 & July 2016 respectively
• Runway length of 1,200 metres
• Airport currently managed by private domestic carrier servicing nearby resorts generating fees for general operations

*Important Note: Airport can be upgraded to receive international operation with the integration of the following independent monitoring bodies: 1. Department of Immigration & Emigration 2. Maldives Customs Services 3. Maldives National Defense Force 4. Maldives Police Services 5. Port Health Services